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West 34th Center

$2,399,000

2015 W 34th St, Houston, TX 77018

Cap Rate

6.51%

Square Feet

6329

Year Built/Renovated

1995

INVESTMENT HIGHLIGHTS

• Strong Growth and Development in Oak Forest/Garden Oaks Submarket

• 100 Percent Occupied

• Value-Add Potential By Converting Leases to Triple-Net

• Staggered Lease Expirations

PROPERTY DESCRIPTION

Marcus & Millichap is pleased to exclusively list for sale West 34th Center, located at 2015 West 34th Street in Houston, Texas. This 6,329-square-foot retail center is located on approximately 0.41 acres. The property is located adjacent to the hard, signalized corner of West 34th Street and Oak Forest Drive.

The subject property is 100 percent occupied, accommodating eight tenants. An investor could add value by converting leases to triple-net.

The Oak Forest and Garden Oaks neighborhoods — often grouped together given their proximity just north of Loop 610 in Houston — have emerged as standout residential markets within the city, marked by robust price appreciation, growing demand, and active redevelopment. As of late 2025, median sale prices in the combined Oak Forest-Garden Oaks area reflect meaningful year-over-year gains. Oak Forest median prices showed strong growth (with recent figures indicating roughly 32.9 percent year-over-year appreciation to around $698,000) while the broader Oak Forest-Garden Oaks neighborhood saw its median around $525,000, up more than 10 percent compared to the previous year. The overall trend for Oak Forest / Garden Oaks has leaned toward price appreciation and sustained buyer interest, especially as homebuyers look for inner-loop locations with established community character and redevelopment potential.

Gus N. Lagos

SENIOR MANAGING DIRECTOR INVESTMENTS
6.51%
713-452-4257

Alex Wolansky, CCIM

MANAGING DIRECTOR INVESTMENTS
alex.wolansky@marcusmillichap.com
713-452-4292

EXCLUSIVELY
LISTED BY
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